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The report divided the 100 largesg metrosinto 20-city segments, ranging from to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the category. The Cincinnati metropolitan area ranked 62 of 100 metros justbehind Minneapolis, accordingy to the first-quarter MetroMonitor released Wednesday. That placed it at No. 2 in the cities category. MetroMonitor rankede cities according tofour indicators: the percent chang e in employment from its peak to first-quarter 2009; the percentage change in the unemployment rate from 1Q 2008 to 1Q 2009; the percenft change in gross metropolitan product from its peak to 1Q 2009; and the percenr change in housing prices from 1Q 2008 to 1Q 2009.
The groses metropolitan product is the total value of goods and servicea produced within themetro area. Cincinnati ranked 50th of 100 for changeein employment, down 2.8 percent from its 56th for year-over-year change in unemployment, up 3.6 78th for GMP, down 4.4 percent; and 37th for year-over-yeaf housing price change, up 0.1 percent. Two cities in the regionm fared better: Columbus was 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesy category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th.
Youngstowhn (88th) and Toledo (91st) both fell into the “weakest” The MetroMonitor will be published according to the Metropolitan Policyt Programat Brookings. To read the complete .
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